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(Reuters) - Australia's Qantas Airways said on Tuesday it would buy a 51% stake in online travel agency TripADeal for an undisclosed amount, as it seeks to tap a recovery in demand for packaged holidays.
Easing COVID-19 restrictions and a rebound in leisure travel have triggered a boom in the online holiday booking market over recent months.
The deal includes a provision for Qantas to take full control of TripADeal in four years and is expected to add to the national flag carrier's earnings go...
>>> Read more: Australia's Qantas to buy majority stake in TripADeal as leisure travel rebounds
Easing COVID-19 restrictions and a rebound in leisure travel have triggered a boom in the online holiday booking market over recent months.
The deal includes a provision for Qantas to take full control of TripADeal in four years and is expected to add to the national flag carrier's earnings go...
>>> Read more: Australia's Qantas to buy majority stake in TripADeal as leisure travel rebounds
